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Politic ways

Russian History - The Difference Between Capitalism, Socialism & Communism

QuestionAnswer
Capitalism In a capitalist society the individual owns land including offices factories etc. By owning land there is potential for the fewer individuals to earn a lot of money. Gap between rich and poor. Control trade. Own most of natural resources.
Socialism In a socialist society the state owns the land + money and shares it out among the general population. In theory it would benefit everyone.
Communism There is no state or government. The people share everything. Is very similar to socialism.
Created by: supercars
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